Dealerscope profiles the top 10 retail demographic market areas, reporting on 2000 retail entrances and exits, regional economic highlights and outlooks for 2001. 1. New York Entrances and Exits: Due to the enormous success of its Bang & Olufsen showroom opened in 1999 in lower Manhattan, Harvey Electronics opened its second Bang & Olufsen showroom in the NYC metropolitan area in Greenwich, Conn., last October. The showroom is a few blocks from the Greenwich Harvey Electronics. J&R Music World expanded with the opening of its new retail computer store in its Park Row outpost in Manhattan. Wolf Camera opened two "Vision"
Washington, D.C. Entrances & Exits: Aside from the purchase of Computer City by CompUSA, retailer activity was fairly slow in the beltway. Coupled with the 1997 closure of Incredible Universe and Nobody Beats The Wiz, consumers are facing a shrinking number of retail options. This year will see the opening of two Best Buy stores in Fredericksburg and one Office Depot in Fairfax. Myer Emco is also looking to expand before the new millenium. Camcorders and digital cameras were hot items in '98, report several retailers. Many retailers reported that sales overall of consumer electronics were slightly lower in 1998 from the previous year,